Somewhere between the aspiration and Hollywood, is a gulf where many would-be filmmakers are lost. This blog is about recording my insights, mapping the progress and unearthing the truth along the way.

Getting what I came for,
C.M. Sanchez III
Film Student
Brooklyn, NY

Tuesday, August 6, 2013

On the SEC Jobs Act and You

What is this mumbo jumbo?! I need to adopt an MBA.From what I can tell, there was something preventing investors from becoming legally involved with a production via public option. You had to have a personal relationship developed. The easiest way I can think about this is they way people currently invest in stocks, via their broker for example. Now that rule is changing, and while the oversight and background checks the S.E.C. demands over trade may become initially burdensome as this becomes publicized and pursued by producers, my question is how will this change the way producers fundraise?

There is already a lean in the discussion to implicate a heavy involvement of crowdsourcing mechanics. And I'm betting on an emergence of new business specialties and careers bridging the gap for what's lost in translation between non-film and film industry investments. As an example, read my next post regarding the Filmonomics blog entry on discussing Silicon Valley vs. Hollywood.Let's get what we came for,C.M. Sanchez III

About Me

I've worked too many jobs growing up that had no meaning and frankly the life before film-making is all a wash. I've never been tested the way I've been tested in this practice. And it's so not over.

I'm currently graduating with a B.F.A. in Creative Writing and a minor in Film. Was a thesis film away from a 2nd major in production and I'll probably always half regret not just doing it but without a matching education in micro-budget distribution and grass roots marketing, that 5-15 grand would have been a waste and a further burden added to my already steep student loans. Time to take it on the road.